Mnuchin sees progress on steel tariffs with Mexico, Canada

Credit: SeattlePI.com- Published 1 week ago

NEW YORK (AP) — Treasury Secretary Steven Mnuchin says the U.S. is making progress in talks with Canada and Mexico over steel tariffs, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries.

Appearing before a Senate Appropriations subcommittee Wednesday, Mnuchin also said he...

According to a report by Reuters, on Saturday, Foreign Minister Chrystia Freeland said that Canada will move quickly to ratify the new North American trade pact, just one day after the United States agreed to lift tariffs on Canadian steel and aluminum. Reuters reports that the tariffs on metal had been a major irritant for Canada and Mexico and had caused progress on ratifying the new US-Mexico-Canada Agreement that was signed last year to replace the 25 year-old NAFTA deal. Freeland said in an interview broadcast by CBC radio, “We were very clear that as long as the 232 tariffs were there it would be very, very hard for us to ratify the new NAFTA, and that is why we did not table the legislation."